TVK board to propose paying no dividend

Thursday, March 25, 2010, 15:24

The board of chemicals company TVK, a unit of Hungarian oil and gas company MOL, will propose to shareholders paying no dividend after a loss-making year at an annual general meeting on April 15, the AGM proposals show.

TVK had a consolidated loss of HUF 9.9 billionn in 2009, according to Hungarian Accounting Standards.

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